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Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices on May 29, 2026
latestly24d ago

Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices on May 29, 2026

Dubai gold prices (gold rates) held steady today, May 29, with 24K gold at AED 541.25 and 22K at AED 501.25 per gram. This stability follows a mid-week recovery and mirrors international market consolidation. A table converted standard purities (18K-24K) and weights across AED, USD, and INR, based on current exchange rates and excluding local VAT.

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Today’s Top News – 29 May 2026
saachibaat24d ago

Today’s Top News – 29 May 2026

TODAYS TOP NEWS ————————————– 1. Prime Minister Narendra Modi chaired the 51st PRAGATI meeting to review ₹30,000 crore infrastructure projects, rooftop solar expansion, Ken-Betwa river linking, and Swachh Bharat Mission 2.0, while stressing faster implementation and better inter-state coordination. PRAGATI stands for the Pro Active Governance and Timely Implementation. 2. The longest serving Chief Minister [...]

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Dalal Street On Edge, Oil Prices Fall, Sensex Over 250 Points Higher, Nifty Near 23,950
abplive24d ago

Dalal Street On Edge, Oil Prices Fall, Sensex Over 250 Points Higher, Nifty Near 23,950

<p>Indian equity markets began Friday’s session on a cautiously optimistic note after a holiday break, with investors closely monitoring developments in West Asia and assessing the prospects of a fresh diplomatic breakthrough between the United States and Iran.</p> <p>Both the benchmarks remained highly volatile today morning. The BSE Sensex opened above 76k, climbing more than 250 points , while the NSE Nifty50 started the session around 23,950, inching up a little over 30 points, as of 9:15 AM.</p> <h2><strong>GIFT Nifty Hints At Weak Opening Despite Positive Global Cues</strong></h2> <p>Early signals from GIFT Nifty pointed towards a softer opening for benchmark indices. The futures contract was quoted at 23,894, down more than 100 points, reflecting investor caution amid conflicting signals emerging from the Middle East.</p> <p>In the pre-open session around 9:01 AM, the Sensex was trading at 76,551.18, up 683.38 points or 0.90 per cent, while the Nifty50 stood at 23,779.20, down 127.95 points or 0.54 per cent, indicating a mixed start to the trading day.</p> <p>Market participants remain focused on geopolitical developments, particularly negotiations between Washington and Tehran, which continue to influence global risk sentiment and energy markets.</p> <h2><strong>Fresh US-Iran Truce Proposal Keeps Investors Guessing</strong></h2> <p>Attention remains centred on reports suggesting that the United States and Iran have agreed to renew their existing truce for another 60 days while efforts continue to reach a broader agreement aimed at ending the conflict.</p> <p>According to reports, the proposed extension is awaiting approval from US President Donald Trump.</p> <p>However, uncertainty persists after Iranian forces reportedly launched missile strikes late on Thursday. Earlier, the Pentagon said Tehran had fired ballistic missiles towards Kuwait and deployed attack drones around the Strait of Hormuz, underscoring the fragile nature of the situation.</p> <p>The mixed geopolitical signals have left investors balancing hopes of a diplomatic resolution against concerns that tensions could flare up again.</p> <p><strong>Also Read : <a title="June 2026 Bank Holidays: From Muharram To Kabir Jayanti, Check Full RBI Closure List" href="https://news.abplive.com/business/personal-finance/june-2026-bank-holidays-full-list-muharram-sant-kabir-jayanti-1846612" target="_self">June 2026 Bank Holidays: From Muharram To Kabir Jayanti, Check Full RBI Closure List</a></strong></p> <h2><strong>Asian Markets Advance On Optimism Around Diplomatic Progress</strong></h2> <p>Most Asia-Pacific markets traded higher in early deals as investors welcomed indications that diplomatic channels between the US and Iran remain open.</p> <p>Japan's Nikkei 225 gained more than 2 per cent, while South Korea's Kospi also advanced over 2 per cent, supported by optimism that a broader agreement could help ease concerns over energy supplies and regional stability.</p> <p>The positive trend across Asian equities helped improve sentiment after a volatile week dominated by geopolitical headlines.</p> <h2><strong>Wall Street Ends Higher Ahead Of Key Developments</strong></h2> <p>US markets delivered modest gains overnight as investors assessed the latest developments in West Asia.</p> <p>The Dow Jones Industrial Average ended higher by 0.58 per cent, while the Nasdaq Composite rose 0.91 per cent. The S&P 500 also finished marginally in positive territory.</p> <p>The gains suggest investors remain hopeful that ongoing negotiations could eventually reduce geopolitical risks and stabilise energy markets.</p> <h2><strong>Crude Oil Retreats As Markets Price In Possibility Of Peace</strong></h2> <p>Oil prices eased in early trade after reports of a possible truce extension between Washington and Tehran.</p> <p>Brent crude futures slipped to around $93.44 per barrel, reflecting expectations that a prolonged ceasefire could reduce immediate risks to global energy supplies.</p> <p>The commodity remains a crucial variable for Indian markets, with movements in crude prices directly influencing inflation expectations, corporate margins and currency trends.</p> <p class="font-claude-response-body break-words whitespace-normal leading-[1.7]"><strong>Also Read: <a title="Sold Property, Shares Or Gold? Here’s How Capital Gains Tax Actually Works" href="https://news.abplive.com/business/personal-finance/capital-gains-tax-explained-tax-rules-property-gold-shares-1846603" target="_self">Sold Property, Shares Or Gold? Here’s How Capital Gains Tax Actually Works</a></strong></p> <h2><strong>Gold And Silver See Mild Safe-Haven Demand</strong></h2> <p>Precious metals traded slightly higher, with both gold and silver posting modest gains.</p> <p>The uptick suggests investors continue to maintain some defensive positioning despite improving sentiment in equities, reflecting lingering uncertainty around the geopolitical outlook.</p> <h2><strong>Previous Session: Markets End Lower Before Bakrid Holiday</strong></h2> <p>Indian equities ended Wednesday's session in negative territory for a second straight day as investors adopted a cautious stance ahead of the Bakrid holiday.</p> <p>The Sensex lost nearly 142 points, while the Nifty slipped marginally as weakness in financial, IT and oil & gas stocks offset gains in power, metal and auto counters.</p> <p>Analysts noted that conflicting signals from the US-Iran situation, elevated crude prices and persistent foreign institutional selling kept risk appetite subdued.</p> <p>Foreign institutional investors remained net sellers, offloading equities worth more than Rs 2,400 crore during the previous session.</p>

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How Far Ahead Can You Plan Your Business’ Financial Future?
afkinsider24d ago

How Far Ahead Can You Plan Your Business’ Financial Future?

There isn’t a single business owner out there who wouldn’t love to have a crystal ball, which they could use to take a peek into the future and see where their business ends up in 3 to 5 years’ time. It’s the kind of projection that just doesn’t happen on pen and paper, no matter [...] The post How Far Ahead Can You Plan Your Business’ Financial Future? appeared first on Moguldom .

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Nala Secures $50m Credit Line for Stablecoin Payments
allafrica24d ago

Nala Secures $50m Credit Line for Stablecoin Payments

[Daba Finance] Nala secured up to $50 million in credit financing from Liquidity to support its stablecoin-powered cross-border payment network. The facility starts with an initial $25 million tranche and can rise to $50 million or more through Mars Growth Capital, a joint venture between Liquidity and Japan's MUFG Bank. Nala said the funding will help it pre-fund transfers, expand payment corridors and support larger enterprise clients.

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